Advantages and Limitations of Cost Audit. Cost audit is the verification of correctness of cost accounts and of adherence to cost accounting plans. The primary ...

Difference between Cost Audit and Financial Audit: Accounts: Cost Audit is an audit of cost accounts, cost statements and cost accounting plan. Whereas, ...

Meaning of Cost Audit: Cost Audit is the specific application of auditing principles and procedures in the field of cost accounting. It has been defined by ...

Generalist A generalist defined as a public servant who does not have a specialized background, and is easily transferable to any department or branch of ...

Max Weber Theory of Domination: Domination refers to a power relationship between the rules and the ruled. In any kind of established authority, there ...

The different methods of costing are classified according to the nature of operations. The main methods of ascertaining cost aJob costing, contract costing, ...

Management theorists observed the following needs for principles of management: Organization and management should be based on sound principles, principles ...

Management process may be defined as process through which management functions are carried out, it is basically a social process as managers get things done ...

Human Relations approach is based on the view that the modern organization is a social system in which the social environment and interpersonal relations ...

According to Section 11 of the Indian Contract Act, 1872, Every person is competent to contract who is of the age of majority according to the law to which he ...

The importance for PR in a service industry, such as, tourism is greater because the industry depends on the effective coordination among its various ...

Heritage Hotels are the hotels run in the Palaces/ Castles/ Forts/ Havelis built before 1950. These hotels serve twin purposes. They have promoted tourism ...